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Saturday, October 17, 2026

Furlough scheme supporting 1.6 million jobs to end today

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The government’s Coronavirus Job Retention Scheme is set to end today.

The scheme, which supported the wages of one-third of workers at its height, is estimated to have cost around £70 billion.

A wave of redundancies and a corresponding increase in unemployment is now likely.

However recent ONS data has shown some sectors in recovery,

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